Insurance UK

  • July 03, 2026

    FCA To Simplify Cost Disclosures On Consumer Investments

    The Financial Conduct Authority has set out proposals to simplify how financial services platforms and advisers disclose investment costs to consumers by merging fragmented rules on disclosure into a single approach.

  • July 03, 2026

    More Than 9 In 10 Pension Pros 'Would Use Surplus Funds'

    More than nine in 10 U.K. pension professionals expect to take advantage of planned new government rules that would allow defined benefit retirement schemes to release surplus funds, a pensions consultant has said.

  • July 03, 2026

    EU Adviser Backs Oligarch Sanctions Tied To Alfa Bank Role

    German Khan can't lift European Union sanctions against him, because the oligarch manages the assets of Alfa Bank which is one of the most important companies in Russia's banking sector, an advocate general of Europe's top court has said.

  • July 03, 2026

    Allianz Seeks £1.7M From Haulage Biz Over Burberry Theft

    Insurance giant Allianz has sued the British and Romanian arm of an international road haulage company for around £1.7 million ($2.27 million) over the "willful misconduct" it said led to thieves getting away with high-value Burberry stock. 

  • July 03, 2026

    EU Watchdog To Ease Transaction Reporting For €1B Saving

    The markets watchdog of the European Union has released a plan to simplify transaction reporting for financial institutions by eliminating duplication across rules as it seeks to save up to €1 billion ($1.14 billion) a year.

  • July 02, 2026

    DWF Fights Appeal In Personal Injury Data Privacy Claim

    Three personal injury claimants on Thursday sought to revive their data privacy claim against DWF, arguing at an appeals court that the law firm should not have shared their health data in proceedings involving their insurers without removing identifying information.

  • July 02, 2026

    Gov't Overhauls UK Flood Reinsurance Program

    The U.K.'s state-backed flood insurance body has said it will slash premiums for renters or owners in low-value housing, as part of a wider restructuring.

  • July 02, 2026

    UK Crypto Firms Face Tough Hurdles Under New FCA Regime

    Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.

  • July 02, 2026

    British Coal Pension Taps BlackRock To Run £8B Plan

    The trustees of a pension plan for former British coal industry workers have appointed asset management giant BlackRock as investment manager for the £8 billion ($11 billion) retirement savings program.

  • July 02, 2026

    FCA Takes Aim At Poor-Value Legacy Pension Funds

    The Financial Conduct Authority warned insurance companies on Thursday that consumers with savings in older pension investment products might not be getting good value for their money.

  • July 02, 2026

    US Classic Car Insurer To Buy UK Motorcycle Broker For £34M

    A U.S. insurer for classic cars said Thursday that it has agreed to acquire British specialty motorcycle insurance broker Bennetts from Lucida Group for £34 million ($43 million).

  • July 02, 2026

    Pinsent Masons Steers £48M Energy Sector Pension Scheme

    A retirement savings plan in the oil and gas sector has completed a full-scheme buy-in worth £48 million ($64 million), securing the retirement benefits of more than 500 pensioners and deferred members, Canada Life Ltd. said Thursday.

  • July 01, 2026

    Capita Misses Civil Service Pension Deadline Fix, Union Says

    A trade union representing workers in the civil service has called on the government to intervene after claiming that Capita has missed a deadline to fix problems with the public sector pension program.

  • July 01, 2026

    Watchdog Reports More UK Pension Fund Consolidation

    The U.K. retirement savings watchdog said Tuesday that the number of workplace pension funds declined by 15% in 2025 and that it expects further consolidation in the market this year.

  • July 01, 2026

    Pensions Body Warns Of Funding Risk From Climate Change

    The U.K. pension sector needs to prepare for potentially severe financial risks from climate change, a trade body has warned.

  • July 01, 2026

    Pension Providers Urged To Focus On Dashboard Readiness

    U.K. pension providers have entered a "critical period" where they must ensure their systems, data and customer support functions are ready for public use, as a deadline approaches for the government-backed pensions dashboard project, an insurance technology company warned Wednesday.

  • July 01, 2026

    Generali Escapes €160M COVID Bill In Contract Tweak Fight

    A group of businesses, including hotels and spas in the U.K. and Europe, cannot rectify an insurance contract agreed to with Generali that would ultimately help them recover approximately €160 million ($182 million) in business interruption losses from the COVID-19 pandemic, a court has ruled.

  • July 01, 2026

    Sackers, Gowling Guide Music School On £35M Pension Deal

    The Associated Board of the Royal Schools of Music has completed a £35 million ($46.4 million) full buy-in to secure the retirement benefits of all 253 members of its U.K. retirement savings plan, Pension Insurance Corp. PLC said Wednesday.

  • June 30, 2026

    Motor Finance Borrowers Win In Group Claim Appeal

    Thousands of motorists can pursue claims against car finance providers as a group, a London appellate court affirmed Tuesday, saying that it was not an "irrelevant waste of time" to try lead cases to determine common issues between them.

  • June 30, 2026

    BoE, FCA To Jointly Regulate Systemic Stablecoin Issuers

    The Bank of England and the Financial Conduct Authority set out proposals Tuesday on how they will jointly regulate systemic stablecoin issuers in the U.K.

  • June 30, 2026

    Gov't Urged To Allow Pensions Wealth Use For Home Buying

    The government should consider reforms to allow Britons to use pension wealth to get on the property ladder, a consultancy said Tuesday, warning that those living in rented accommodation are more likely to face poverty in retirement.

  • June 30, 2026

    UK Finance Charter 'Boosts Gender Balance At 3 In 4 Firms'

    The government has helped drive a decade of progress in increasing female representation in senior leadership positions across the financial services sector, but achieving complete gender parity is still decades away, a review by HM Treasury indicated on Tuesday.

  • June 30, 2026

    Pension Compensation Fund's Illness Reforms Take Effect

    The U.K.'s pension compensation fund has rolled out changes that will mean that people suffering from a terminal illness receive benefits sooner.

  • June 30, 2026

    Freshfields Guides New MGA Platform On Underwriter Deal

    Global insurance intermediary ANV Group Holdings has agreed to acquire Assured Underwriting Group, a U.K. specialist managing general agent for the travel industry, to expand its European presence.

  • June 29, 2026

    FCA Finalizes Landmark Crypto Regime, Cuts Capital Rules

    The Financial Conduct Authority has slashed potential capital requirements for issuing stablecoins in its landmark crypto-assets regime that was finalized Tuesday, the biggest expansion of its regulatory power in over a decade.

Expert Analysis

  • FCA Enforcement Newsletter Reflects Shift Toward Openness

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    The Financial Conduct Authority’s inaugural Enforcement Watch newsletter provides clarity on the cases the regulator is opening and highlights its approach to early communication of enforcement activity, offering a welcome insight into its emerging priorities, says David Hamilton at Howard Kennedy.

  • FCA's Investment Regime May Prove A Double-Edged Sword

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    The Financial Conduct Authority’s final rules on consumer composite investments intend to support retail investors in making more informed decisions while affording firms greater flexibility, but continuing with opaque methodologies will require greater operational and compliance effort in the short term, say lawyers at Fried Frank.

  • How FCA's Client Reforms May Boost Investment Access

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    The Financial Conduct Authority’s recent proposals to reform the professional client categorization regime and simplify conflicts of interest rules are likely to be welcomed, although firms will need to navigate the increased responsibility that comes with greater flexibility, say lawyers at Skadden.

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

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    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

  • FCA Proposals Reduce Consumer Duty Compliance Burden

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    The Financial Conduct Authority’s recent proposals to streamline the consumer duty regime represent a pragmatic response to industry concerns, with a move toward sector-specific supervision and potentially narrowing its scope for wholesale and cross-border business, say lawyers at Simmons & Simmons.

  • How New Companies House ID Rules Affect Businesses

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    Lawyers at Shepherd & Wedderburn discuss the Economic Crime and Corporate Transparency Act’s new mandatory identity verification requirements for all company directors and persons with significant control, set to go live next week, which aim to curb fraud by improving the reliability of information held by Companies House.

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